Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

Explore how the Loss Disallowance Rule (LDR) impacts corporate tax returns, IRS regulations, and key legal cases. Get insights on LDR effects on subsidiaries and strategy.

While federally decriminalizing marijuana could have “the greatest effect” on Nevada’s legal cannabis industry, reclassifying it as a less-dangerous drug could ease tax-related burdens for the ...

Marijuana may soon be rescheduled, and the biggest change could be taxes. Here’s how reclassification could lower tax bills ...

Pot stocks Trulieve Cannabis, Curaleaf, Cresco Labs, Green Thumb Industries, and Canopy Growth plummeted by up to 39% due to ...

The purchase price is what an investor pays for a security. It is the main component in calculating the returns achieved by the investor.

Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.

Understand stock compensation, its types and benefits, and learn about vesting schedules to make informed decisions on employee stock options.

President Donald Trump on Thursday signed an executive order directing Attorney General Pam Bondi to fast-track the rescheduling of marijuana as a Schedule III drug, a move that could bring swift and ...

"This is the most significant policy change in 56 years in cannabis," Matt Kennicott, Executive Director & Co-founder of the Cannabis Association of New Mexico told KOAT on Thursday. He expressed a ...

Cannabis flower at Verdes Cannabis in Albuquerque’s Northeast Heights on Tuesday. President Donald Trump on Thursday signed ...

Moving cannabis to a category of drugs that includes some common medicines will have implications for research, businesses ...